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The Four Best Ways to Market Your Affiliate Program
If you look around the Internet, you would think the only way to
promote an affiliate program is via banner ads. Everyone creates
banner ads and invites people to place these at their site.
You are posting advertising at someone else's site; it needs to
be prominent, inviting, exciting, and much more than just a
graphic.
I've seen great examples of banner ads that work, creating a
clickthrough response and branding the company in the minds of
its audience. Cory Rudl's Internet Marketing Center banners
haven't changed in ages, and they don't need to. Anyone who
knows Cory knows that he wouldn't keep them if they weren't
working very well.
Yet for many affiliate programs, the banner ad is simply a poor
form of advertising. It encourages a limited response, is stuck
like a bad picture on the top or bottom of the screen, and does
little if anything for the affiliate, or your network.
If you are going to use banner ads, be sure to drive them to one
product page, or even better, to a sign up form where you can
email them. These are the best methods to put banner ads into
action.
Okay, so what works better than banner ads for affiliate network?
Here's what I discovered at the conference:
- Email/ezine promotions to a qualified list: Only a handful
of affiliate networks understand the real power of the Internet.
One of the funniest, common realizations at the conference was
that customers do not buy until the third or fourth visit to a
Web Site. Direct response marketing has been built on this fact
for years, following up initial contacts with repeated messages
inviting people to visit. Email is the best means to conduct
this and to keep up with the volumes of email that come with a
new affiliate program. For example, Weather.com talked of
receiving 5,000 emails a week for their affiliate program. They
could not keep up with the volume. If they installed an
automated follow up system like Aweber, they could improve their
results, automate sign-ups, and follow up.
Yet the real power of email comes in the endorsed mailing. When
an ezine or list has been developed, with a trust between the
writer and the audience, the endorsement is gold. It moves
people from being strangers to being introduced to you
personally. The unfamiliar is replaced by a recommendation from
someone they trust. Response rates to email offerings are much
greater; a recent article about the December Internet retail
push claimed a 300% increase in sales via email than via other
methods. This is the hottest, unknown affiliate promotion
available.
- Text Links/Endorsement With Banner: Kimberly Lyons of PC
World shared an excellent tip for increasing the response to her
affiliate programs. PC World has an audience who buys online;
she claimed over 90% of their audience have bought online. They
are extremely selective with who they make their affiliate
partners, for a good reason; they are good at selling
advertising space, so little of this space is dead.
When they do use affiliate networks, she favors a small banner ad
that can site in a side bar of the page, or at least not dominate
the page. To the right of the small banner "button" is text that
describes the benefits behind clicking on that banner ad. The
text is a link, the banner is a link, and by combining the visual
with a short text description, they are able to group affiliate
programs on a single Web Page. It is an extremely effective
method of offering more than one product on a page, without
overwhelming the visitor. Once again, words do the explaining
that pictures can't, and a picture tells a thousand words.
Together, they are a potent affiliate advertising tool.
- Featured Product: An excellent method to increase affiliate
leads is to offer a Web Page that acts as a featured product at
the affiliate's Web Site. This can be a stand alone Web Page or
one that merges in with Web Page content at the affiliate's site.
The key is to focus on the product being sold, a one product
offer that stands out from the rest of the page. This can be
integrated into a site almost as a sponsorship, without the cost.
For example, if a high traffic area of an affiliate's Web Site
is available, encourage them to feature your product in that
section alone. It is more effective for the affiliate to test
response rates, and for the affiliate network it will result in
more qualified leads.
This approach basically eliminates the grouping of affiliate
programs and encourages people to click on this important
product, because it appears to be featured. The featured product
enables you to gain exposure at the affiliate's site in a way
that is perceived favorably by visitors.
- Storefront: The best affiliate responses can come from a
storefront integrated into another Web Site. This can be as
simple as putting a logo graphic on top of the page with a return
link to the affiliate's Web Site, so that the storefront appears
to be an important part of the Web Site as a whole.
Storefronts increase credibility by offering a selection of
products in a single setting. The storefront should not be one
of many at an affiliate's Web Site, but an integral part of their
efforts. While this requires more work on the part of the
affiliate network, the returns can be much greater. Popular
portal sites use this strategy often, but by extending it to
highly trafficked sites, you can increase branding and perceived
value of what you offer.
A good idea is to mix the text/banner ad approach in number 2 to
a storefront, so you can offer multiple products. A good rule of
thumb is not to offer more than 3-5 products at another Web Site;
too many choices confuse the visitor.
The four best ways to market your affiliate network are certainly
not the only choices. Banner ads can still be an important part
of what you do. Just make sure that your affiliate network does
not fall into the assumption that banner ads are the only way to
go.
- Finally, the most glaring lack of focus in most affiliate
networks is ad copy. Words are what motivate people to read,
act, and buy. Without a good headline, testimonial, and ad copy,
all your efforts will be hindered. Be sure that you look at the
words you use in any of the four methods and find the ones that
work best for you, and your affiliates. Adapt your words until
you find the ones that pull the best.
As I like to say, there are two types of businesses online;
those who test, and those who lose money. If you are not
testing, counting, and quantifying your affiliate network
efforts, you are missing most of the value...guaranteed.
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